Formula One will look and sound different when the season starts in Melbourne on March 16, with new regulations and the introduction of a turbocharged V6 engine with energy recovery systems.
The following looks at the main changes

Oil traders buying from national oil firms could face new disclosure rules within a year as part of an effort led by the Extractive Industries Transparency Initiative (EITI), the group told Reuters on Monday.

New regulations were currently being drawn between GCC member states to end conflicting procedures that had led to varying rates for housemaids despite being from the same country, said a senior government official from Bahrain.
Labour Min

A sell off in Dubai pushed the benchmark to its lowest level in July, as sentiment was affected by fears of spreading euro zone crisis, while new rules by Kuwait's market regulator weighed on the Gulf state's index.
Dubai's index decl

A decision to extend visa tenures for real estate investors will 'significantly' boost investor confidence in the UAE's struggling property sector, the head of the country's largest developer said.
The UAE government said o

The Dubai International Financial Centre (DIFC) Courts said it has posted new additions to the ‘Rules of the DIFC Courts’ for public consultation and has also sought comments from the public on the issue.
The additions to the rules include

Employed expats can now start their own businesses without losing their jobs or changing their visas, said a senior official of UAE's Ministry of Labour.
This significant decision was taken by the Minister of Labour Saqer Saeed Ghobash

Electronic visa services will soon be available in Bahrain 24 hours a day, seven days a week, it was revealed yesterday.
The new service will avoid paperwork, queues and delays, said Interior Ministry's undersecretary for Nationality, Pass

Publicly traded Kuwaiti companies including Investment Dar said on Wednesday new stock exchange rules might hinder the development of firms and encourage them to list on foreign bourses.
Almost a quarter of companies listed on the second-l